DeFi’s Curve Eyes More Tokens With White Paper for Version2

[ranaprime]

Curve is throwing down with Uniswap. Curve, the decentralized exchange (DEX) for stablecoins, has released the thumbnail for how it will start handling pools of volatile tokens as it moves toward its second version.

In a white paper released Wednesday, Curve describes a model in which greater liquidity could be achieved on a pool of volatile assets by using a dynamic peg. Curve’s new version should be appealing to liquidity providers because it will offer much of the attractive liquidity depth that Uniswap has enabled without the active management it requires. On top of that, Curve offers the benefit of liquidity mining. Right now, Uniswap does not.

Curve has deployed this new model on a USDT/wETH/wBTC pool now live on Ethereum. The protocol has also deployed on Ethereum layer 2 Polygon, where it has wETH and wBTC available for trading with different stablecoins, also using the new model. Source